According to a recent KPMG report Bitcoin is considered an ESG investment! More surprisingly crypto friendly quotes:
"However, despite Bitcoin’s increased adoption, it continues to often be a misunderstood technology and asset class."
YES fully agree 🥳
"The use of energy is not the primary issue, but rather the emissions associated with the production of that energy such as those from the burning of fossil fuels." ABSOLUTELY 😇
"For comparison purposes, it’s helpful to compare the emissions associated with Bitcoin’s operations with the emissions of a wide range of industries and services." 💯 TRUE, have a look at page 3 😀
Source: Excellent report by Brian Consolvo, principal, technology risk and Kirk Caron, director ESG of KPMG US! I put the summary also on the first page, because I really liked it!
We need more of that! #ReturnOnSociety 🦋